Adaptive Biotechnologies

Adaptive Biotechnologies

Decodes immune cell genetic information for diagnostics

About

Adaptive Biotechnologies focuses on using the immune system to improve disease diagnosis and treatment. The company decodes genetic information from immune cell receptors, which are essential for the immune system's ability to identify and respond to diseases. One of their key projects is the ImmuneRACE study, which analyzes blood samples and swabs from participants to understand how the immune system reacts to COVID-19. This research aims to enhance diagnostics, treatments, and vaccines for the virus. Adaptive Biotechnologies uses advanced data algorithms to analyze immune cell genetics and generates revenue through partnerships with pharmaceutical companies, licensing technology, and offering diagnostic services. Their goal is to leverage immune system data to advance healthcare and develop effective therapies for various diseases.

Company Stage

IPO

Employees

501-1,000

Industries

Biotechnology, Healthcare

Total Funding

$395.8M

Headquarters

Seattle, Washington

Founded

2009


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Simplify's Take

What believers are saying

  • Strong investor confidence with investments from firms like Jacobs Levy and Acadian Asset Management.
  • Partnership with EndoSound could expand product offerings in the medical device market.
  • Recognition as Workplace of the Year highlights a strong company culture attracting top talent.

What critics are saying

  • Emerging competition from startups like Adaptive with $20 million funding for AI applications.
  • Regulatory hurdles in developing new medical devices with EndoSound partnership.
  • Pressure from investors for rapid financial returns may impact long-term R&D.

What makes Adaptive Biotechnologies unique

  • Adaptive Biotechnologies leverages immune system data for disease diagnosis and treatment.
  • Their clonoSEQ test is FDA-authorized for monitoring minimal residual disease in blood cancers.
  • The ImmuneRACE study enhances understanding of immune responses to COVID-19.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-3%

2 year growth

2%

Benefits

Company Equity

Performance Bonus

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